Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    721 Industrial Blvd Watertown, MN 55388

    For Sale
    $163,500

    Spacious garage condo, ideal for business.

    Property size:
    1,090 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 1,090 square foot garage condo at 721 Industrial Boulevard Unit C4, Watertown, MN, presents a unique investment opportunity. Located within the Workshops of Watertown development, this unit boasts a range of high-quality features including sheetrocked walls, a tin ceiling, and a 14-foot insulated garage door with opener. Two LED lights illuminate the space, complemented by efficient in-floor heating. The unit is equipped with a 100-amp electrical service, a floor trench drain, and a fire suppression system. A rough-in bathroom with shower is included, and the structure is designed to accommodate a future mezzanine. Exterior features include LP siding, an asphalt shingled roof, concrete aprons, and an asphalt lot. Utilities readily available include electricity, gas, city water/sewer, and phone/cable/internet access. The homeowner's association provides convenient lawn care, snow removal, refuse disposal, and security. Future planned amenities include secure entrance gates, security fencing, a wash bay, dump stations, and a lounge area. Financing options are available for qualified buyers. The property's commercial/multi-use zoning welcomes a variety of businesses. This is a rare opportunity to acquire a well-appointed and versatile garage condo in a thriving Watertown location.

    Property Features for 721 Industrial Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,090 SF

    Building Details

    Year Built
    2022
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Florist Butcher Garden Center Carpet & Flooring Store Department Store Accounting Firm Plumbing Service Wholesale Shop Kitchen & Bath Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Carver
    State
    Minnesota
    Longitude
    -93.86683
    Latitude
    44.94945

    Nearby Similar for Sale

    • $210,000
      1,490 SF

      Watertown Garage Condos For Sale

      Versatile garage condos built in 2022, suitable for various uses.
      721 Industrial Blvd, Watertown, MN
      View Details
    • $299,000
      1,584 SF

      Downtown Watertown Retail Gem

      Updated storefront, prime location, high storage.
      130 Lewis Ave, Watertown, MN 55388
      View Details
    • $246,250
      1,250 SF

      Watertown Garage Condo - Prime Location

      1250 sq ft Garage Condo, Watertown, MN
      721 Industrial Blvd, Watertown, MN 55388
      View Details
    • $246,250
      1,250 SF

      Watertown Garage Condo - Prime Location

      1250 sq ft Garage Condo, Watertown, MN
      721 Industrial Blvd, Watertown, MN 55388
      View Details
    • $167,925
      1,119 SF

      721 Industrial Blvd, Watertown, MN 55388

      Commercial real estate • 1,119 SF
      721 Industrial Blvd, Watertown, MN 55388
      View Details
    • $246,250
      1,250 SF

      721 Industrial Blvd, Watertown, MN 55388

      Commercial real estate • 1,250 SF
      721 Industrial Blvd, Watertown, MN 55388
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Spacious garage condo, ideal for business.
    Where is this commercial real estate located?
    The property is located at 721 Industrial Blvd Watertown, MN.
    What is the asking price?
    The asking price for this property is $163,500.
    (763) 682-3434
    Request Owner's contact information
    721 Industrial Blvd Watertown, MN 55388
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    721 Industrial Blvd
    Watertown, MN 55388
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    721 Industrial Blvd Watertown, MN 55388
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.